Tag: macro commentary
European Inflation is Approaching 2%. Core CPI Still Weak
At 11:00 markets got to know the final readings of the February consumer inflation for eurozone. The results comply with preliminary readings in terms...
Market Overview – RBA Would Like Lower AUD
This week's last session in Asia passed quite calmly. We didn't witness any major macroeconomic publications, and all market attention was focused on Governor...
Asian Session Reviev – RBA Minutes Weakens AUD
During Asian sesison minutes of the last meeting of the Reserve Bank of Australia (RBA). Dovish comments on the economy and criticism of too...
Asian Session Overview – China Supports the AUD. We Look Forward to Yellen Report
On Tuesday and Wednesday Janet Yellen will deliver an annual report on the activities of the Federal Reserve. In addition, the Fed chairman will share...
Pound is Testing Friday Highs After Positive Data from the UK
The only relevant data from midday were British publications on several important indicators for December. Among them was included information on industrial production, factory...
Market Overview – RBA Didn’t Surprise
During today's Asian session the most important event was publication of the decision of the monetary Reserve Bank of Australia. It was accompanied by...
Market Overview – Bank Holiday In New Zealand And Mexico – Limited Volatility
Certainly Mexico and New Zealand are not among the most important commercial centers in the world. It does not change the fact that today's...
Currency Commentary – Pound Resistant To Idea of Hard Brexit
The most important event of the past several hours was certainly the occurrence of Theresa May, the British Prime Minister, who presented preliminary plan...
Market overview – Yellen Stopped Declines in Dollar?
Friday confirms that the macroeconomic calendar in this ending week was rather light. In the markets, however, we observe interesting moves and some of...
FED Earned In 2016 $92 Billion
Revenues that the Federal Reserve generated for the US Treasury declined in 2016 to $92 billion. However, the depreciation was expected in connection with...
